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Reference R8762

Coffee Bar in Nottinghamshire For Sale

Coffee Bar in Nottinghamshire For Sale
Coffee Bar in Nottinghamshire For Sale Buy a Coffee Bar in Nottinghamshire For Sale Sell a Coffee Bar in Nottinghamshire For Sale Coffee Bar in Nottinghamshire For Sale for Sale Coffee Bar in Nottinghamshire For Sale for Sale Coffee Bar in Nottinghamshire For Sale for Sale Coffee Bar in Nottinghamshire For Sale for Sale

Register to see map and to make an appointment Sought after position, NOTTINGHAMSHIRE

Turnover 5,000
Price 95,000

Features

Attractive Licensed Coffee Lounge / Restaurant

Catering for breakfasts, lunches, snacks, teas & coffees

GRADE II LISTED BUILDING

Front area with space for 10 tables & 30 chairs (This area is not incorporated in the lease)

ATTRACTIVE COFFEE LOUNGE/RESTAURANT with woodstrip floor plus small rear section carpeted, wall lighting. Tables & chairs providing seating for 24 persons. BAR with overhead lighting, wine fridge, 2 additional fridges, glasswasher.

LEVEL KITCHEN with stainless steel extractor, 4-burner electric cooker, double door stainless steel fridge, dishwasher, stainless steel work surfaces, sink & drainer etc.

Stairs to large cellar.

KITCHEN with 4-burner electric cooker, extractor system, storage cupboard, chest deep freezer, 2 upright deep freezers, 3 fridges.

3 additional rooms for storage purposes

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 50%.

Staff

At present operated by 2 partners with the assistance of 2 full time plus part time staff.

Trading Hours

Summer months - April through to end of October - 9 a.m. - 5 p.m. seven days per week. During the winter months the business closes at 4 p.m.

The business also opens approximately 1 evening per month

Tenure

We understand the premises are held on a secure renewable lease, the present lease has approximately 12 years unexpired at a rental of 20,160 p.a. plus VAT exclusive of rates. We understand the lease is fixed for the entire period of the remaining lease.

Uniform Business Rates: 4,952 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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